he used to be a member of the bother of the cato institute. this whole idea that there's a line in the sand that republicans have drawn is ridiculous. we need different policies under different circumstances and right now, we don't need more rate cuts. >> it sounds to me like your against absolutively. that a higher rate will dissuade people from investing isn't necessarily intellectually the case. at a certain point rates have dropped low enough, such that a small bump up will not have the outcome that many republicans right now are saying it will, which is to tell people who are job creators to go home. >> that's exactly right. i mean, republicans have talked themselves into believing that the only thing that matters to a business is its tax rate and that it's sales customers, you know, and things of that sort of essentially irrelevant and that's absurd. >> it is counter that the evidence that has been presented by a warren buffet, those that control capital saying look, it's simply not the case. a good investment is something i will want to